August 23, 2017
Mark Wahlberg earned $42m more than the best paid actress last year
The size of the gender pay gap in the movie industry has been laid bare in new estimates of stars' pay packets.The world's 10 best-paid actors earned a total of $488.5m (£380.5m) in the past year, Forbes magazine calculated.That's almost three times…
August 15, 2017
IMF warns on China’s credit boom
The International Monetary Fund has warned that China's credit growth is on a "dangerous trajectory". In a new report, the IMF says there is an increasing risk of a "disruptive adjustment" and/or a marked slowdown in economic growth". The agency…
August 2, 2017
Invest Turks & Caicos Launches New Website
Invest Turks and Caicos is inviting visitors to explore its new website www.investturksandcaicos.tc. The new site is the main promotional and informational tool used to give Invest Turks and Caicos visibility in domestic, regional and international…
July 21, 2017
DIGICEL ANNOUNCES KEVIN GORDON AS CEO FOR ITS BVI OPERATIONS
Digicel today announced the promotion of Kevin Gordon to Chief Executive Officer for its operations in the British Virgin Islands effective immediately. In this role, Kevin, a Jamaican national, will have oversight for all areas of business and…
July 19, 2017
Spain’s ‘secret credit card banker’ Blesa found shot dead
A leading banker has been found shot in the chest, six months after he was given a jail term for a corruption scandal that stunned Spain. Miguel Blesa, 69, is thought to have shot himself at a country estate in the southern province of Córdoba.…
July 17, 2017
IDB launches ‘Orange Economy’ book on the Caribbean
Highlighting the contributions of creative talent to social and economic progress, the Inter-American Development Bank (IDB) has launched the e-book, “Orange Economy: Innovations you may not know were from Latin America and the Caribbean”. The IDB…
July 14, 2017
CDB and UN Agencies partnering to achieve SDGs in the Caribbean
The Caribbean Development Bank (CDB), UNICEF, UNFPA and UN Women have embarked on a collaborative approach, combining technical expertise and lessons learned over their many years of development work in the Region. In a time of shrinking resources,…
July 13, 2017
CDB hosts conference on Chinese Renminbi in the Caribbean
As global financial institutions continue to withdraw banking services from the Region, the Chinese Renminbi could help to safeguard the Region’s access to global financial services. This was one of the topics explored at a conference hosted by…
July 13, 2017
Air Zimbabwe lays off half its workforce amid financial woes
Zimbabwe's state-owned airline has laid off 200 workers, roughly half of its staff, with immediate effect. The job losses are part of a turnaround strategy to bring struggling Air Zimbabwe back to profitability from a $300m (£230m) debt. Last month…
July 4, 2017
LeEco chairman ‘has bank accounts frozen
The billionaire co-founder of struggling Chinese technology giant LeEco has had personal assets frozen by a Shanghai court, state media reports. Assets worth a combined 1.24bn yuan ($183m; £141m) belonging to Jia Yueting, his wife, and three…